| Decision | Consent granted Section 12(1)(b) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 20 November 2025 |
| Pathway | Sensitive land – benefit test |
| Investment | Vinci Construction New Zealand Limited - Acquisition of 100% of the shares in Wharehine Group Holdings Limited, which gives the Applicant an indirect freehold interest in approximately 8.477 hectares of land at Matakana, Ruakaka and Kawakawa Quarries |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Vinci Construction New Zealand Limited North America Region 21% United Kingdom 18% France 15% Europe Region 13% Qatar 2% Various 31% |
| Vendor | Wharehine Group Holdings Limited New Zealand 100% |
| Background | The Applicant is a New Zealand company, ultimately owned by the French company VINCI SA, which is a concessions, energy and construction company. The Applicant is acquiring 100% of the shares in Wharehine Group Holdings Limited, which owns sensitive land located at three Northland quarries. The Applicant intends to use the newly acquired quarries to create synergies with VINCI SA’s New Zealand based infrastructure construction company HEB Construction Limited. These synergies will result in economic benefits including enhanced operational efficiency and reduced costs. |
| More information | Michael Gartshore Webb Henderson PO Box 105-426 Auckland |